PhillipCapital Thailand Review: Is PhillipCapital Thailand any good?
Overview and general information
Phillip Securities (Thailand) Public Company Limited is part of the PhillipCapital Group from Singapore, which was established in 1975 and has a network in 15 countries worldwide. In Thailand, Phillip provides a wide range of investment services such as trading in Thai and foreign stocks, derivatives, mutual funds, and investment banking services.
Phillip recently acquired RHB Securities (Thailand) Public Company Limited to strengthen its stock brokerage business and expects to increase revenue by more than 50% and expand its services and client base in the Thai capital market.
With our experience and expertise, Phillip is committed to being a reliable investment partner that fully meets the needs of investors in Thailand.
Licensing and Regulation
If you ask whether PhillipCapital Thailand is good or not, you have to start by considering the license factor first, which has the following licenses:
The Securities and Exchange Commission Thailand (SEC Thailand) License No. Lk-0010-01 which allows the business of borrowing and lending securities (Principal and Agent), being a securities broker, trading in securities, trading in debt securities, being an investment advisor, distributing securities, managing private funds (private funds).
Thailand Futures Exchange (TFEX)
Trading products and platforms
Trading products
Phillip Securities (Thailand) Public Company Limited offers a variety of investment products to meet the needs of investors as follows:
Thai stocks:Providing stock trading services on the Stock Exchange of Thailand (SET) and the Market for Alternative Investment (mai).
Foreign stocks:It gives investors the opportunity to trade shares on over 15 leading stock exchanges worldwide, including NYSE, NASDAQ, HKEX, SGX and LSE.
Derivatives (Futures):Providing trading services for futures contracts in the Thailand Futures Exchange (TFEX) and foreign futures in leading markets such as Hang Seng Index, Nikkei 225, S&P 500 and Nasdaq.
Mutual funds:Offering mutual funds from leading asset management companies for diversified investments that meet customer investment goals.
debenture:Providing trading services for bonds and debt instruments for investment with stability and consistent returns.
EJIP Project:Equity investment project for company employees to promote long-term savings and investment
Trading Platform
Phillip Securities (Thailand) Public Company Limited offers a variety of trading platforms to meet the needs of investors and traders as follows:
POEMS (Phillip's Online Electronic Mart System):An online stock and futures trading platform developed by PhillipCapital Group, it has a full range of features such as real-time trading prices, price charts, analytical data and technical analysis tools.
Streaming:The most popular application for trading stocks and futures in Thailand. It has basic functions that are easy to use and convenient.
Efinance:A platform that provides financial data and analysis tools to help investors make effective investment decisions.
PhillipCapital Thailand Review: Fees
Phillip Securities (Thailand) Public Company Limited has set the trading fees for various products as follows:
Foreign stocks
For DCA (Dollar Cost Averaging) investment in foreign stocks, the commission fees are as follows:
United States of America:0.35% (minimum $19.8)
Hong Kong:0.45% (minimum HK$115)
China:0.45% (minimum 155 yuan)
Singapore:0.40% (minimum SGD17)
In addition, there is a 50 baht fee for each international transfer.
promotion
Phillip has a "0-baht fee" promotion for investing in foreign stocks and derivatives every Monday, which includes a waiver of foreign currency exchange fees.
note:
Fees and promotions are subject to change. Please check the latest information on the Phillip website or ask a staff member for accuracy and updates.
Deposit and Withdrawal Review
Deposit
Investors can deposit funds to prepare for investment through 2 main channels:
Bill Payment:Pay via Bill Payment service of supported banks.
Automatic Bank Transfer (ATS):Apply for ATS service with a participating bank to enable automatic account deduction for investment.
Withdrawal
Investors can withdraw money from their investment accounts via the POEMS Mobile application with the following steps:
Log in to the POEMS Mobile application
Select the "Withdraw" menu.
Enter the amount you want to withdraw.
Confirm transaction
After making a withdrawal, the funds will be transferred to the investor's bank account within 1-2 business days.
Support and Customer Service
Contact channels
PhillipCapital Thailand Review: Pros - Cons
Pros
There are a variety of investment products such as stocks, mutual funds, and derivatives.
The POEMS platform is easy to use and accepted.
Global network helps access international markets
Cons
PhillipCapital Thailand Review Summary: Is it good?
PhillipCapital Thailand is a reliable broker with an international network, offering a wide range of investment products such as Thai and foreign stocks, mutual funds, and derivatives. It also has an easy-to-use POEMS platform that caters to both novice and professional investors. However, trading fees may be higher than some brokers, and connectivity with some analytical tools may not be complete. Overall, PhillipCapital Thailand is suitable for investors who want asset diversification and the confidence in professional services.
Frequently Asked Questions about PhillipCapital Thailand
What is POEMS and what features does it have?
POEMS (Phillip's Online Electronic Mart System) is an online stock and futures trading platform developed by PhillipCapital Group. It has full features such as real-time trading prices, price charts, analytical data and technical analysis tools.
How do I open an account with Phillip?
What are the trading fees?
